Small manufacturing business has patented new device

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Reference no: EM131127328

A small manufacturing business has patented a new device for washing dishes and cleaning dirty and cleaning dirty kitchen sinks. The owner wants reasonable assurance of success. Variable costs are estimated at $7 per unit produced and sold. Fixed costs are about $6,000 per year. If the selling price is set at $25, how many units must be produced and sold to break even?

Reference no: EM131127328

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